GGRG.L vs. FTWG.L

Last updated Jun 5, 2026

GGRG.L (WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc) and FTWG.L (Invesco FTSE All-World UCITS ETF USD Dist) are both Global Equities funds - GGRG.L tracks the WisdomTree Global Developed Quality Dividend Growth while FTWG.L tracks the FTSE All-World Index. Both are passively managed. Over the past year, GGRG.L returned 17.64% vs 30.16% for FTWG.L. Their correlation of 0.84 suggests significant overlap in exposure. GGRG.L charges 0.38%/yr vs 0.15%/yr for FTWG.L.

Performance

GGRG.L vs. FTWG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L) and Invesco FTSE All-World UCITS ETF USD Dist (FTWG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GGRG.L achieves a 5.29% return, which is significantly lower than FTWG.L's 11.87% return.

GGRG.L

• 1D: 0.22%
• 1M: 4.59%
• YTD: 5.29%
• 6M: 5.72%
• 1Y: 17.64%
• 3Y*: 10.49%
• 5Y*: 9.18%
• 10Y*: —

FTWG.L

• 1D: -0.03%
• 1M: 5.38%
• YTD: 11.87%
• 6M: 12.43%
• 1Y: 30.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GGRG.L vs. FTWG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GGRG.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc	5.29%	8.36%	11.10%	5.87%
FTWG.L Invesco FTSE All-World UCITS ETF USD Dist	11.87%	14.12%	19.92%	7.22%

Correlation

The correlation between GGRG.L and FTWG.L is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023	0.84

The correlation between GGRG.L and FTWG.L has been stable across timeframes, ranging from 0.76 to 0.84 - a consistent structural relationship.

GGRG.L vs. FTWG.L - Sectors Allocation Comparison

Sectors	GGRG.L	FTWG.L
Technology	21.6%	29.1%
Industrials	18.8%	11.0%
Healthcare	15.7%	7.6%
Consumer Cyclical	15.4%	9.4%
Communication Services	8.6%	8.9%
Financial Services	8.4%	16.4%
Consumer Defensive	7.2%	5.0%
Basic Materials	3.7%	3.9%
Utilities	0.4%	2.6%
Real Estate	0.2%	1.9%
Energy	0.0%	4.3%

Return for Risk

GGRG.L vs. FTWG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GGRG.L

GGRG.L Risk / Return Rank: 46
GGRG.L Sharpe Ratio Rank: 46
GGRG.L Sortino Ratio Rank: 48
GGRG.L Omega Ratio Rank: 48
GGRG.L Calmar Ratio Rank: 41
GGRG.L Martin Ratio Rank: 48

FTWG.L

FTWG.L Risk / Return Rank: 86
FTWG.L Sharpe Ratio Rank: 88
FTWG.L Sortino Ratio Rank: 88
FTWG.L Omega Ratio Rank: 89
FTWG.L Calmar Ratio Rank: 81
FTWG.L Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GGRG.L vs. FTWG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L) and Invesco FTSE All-World UCITS ETF USD Dist (FTWG.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	GGRG.L	FTWG.L	Difference
Sharpe ratio: Return per unit of total volatility	1.60	2.92	-1.32
Sortino ratio: Return per unit of downside risk	2.33	4.01	-1.69
Omega ratio: Gain probability vs. loss probability	1.30	1.56	-0.26
Calmar ratio: Return relative to maximum drawdown	2.02	4.23	-2.21
Martin ratio: Return relative to average drawdown	7.78	17.22	-9.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGRG.L vs. FTWG.L - Sharpe Ratio Comparison

The current GGRG.L Sharpe Ratio is 1.60, which is lower than the FTWG.L Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of GGRG.L and FTWG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GGRG.L	FTWG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	2.92	-1.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	1.55	-0.62

Drawdowns

GGRG.L vs. FTWG.L - Drawdown Comparison

The maximum GGRG.L drawdown since its inception was -22.15%, which is greater than FTWG.L's maximum drawdown of -17.78%. Use the drawdown chart below to compare losses from any high point for GGRG.L and FTWG.L.

Drawdown Indicators

	GGRG.L	FTWG.L	Difference
Max Drawdown Largest peak-to-trough decline	-22.15%	-17.78%	-4.37%
Max Drawdown (1Y) Largest decline over 1 year	-8.70%	-7.11%	-1.59%
Max Drawdown (3Y) Largest decline over 3 years	-16.17%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.17%	—	—
Current Drawdown Current decline from peak	0.00%	-0.42%	+0.42%
Average Drawdown Average peak-to-trough decline	-2.91%	-1.99%	-0.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	1.75%	+0.51%

Volatility

GGRG.L vs. FTWG.L - Volatility Comparison

The current volatility for WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc (GGRG.L) is 2.62%, while Invesco FTSE All-World UCITS ETF USD Dist (FTWG.L) has a volatility of 3.04%. This indicates that GGRG.L experiences smaller price fluctuations and is considered to be less risky than FTWG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGRG.L	FTWG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	3.04%	-0.42%
Volatility (6M) Calculated over the trailing 6-month period	7.97%	7.59%	+0.38%
Volatility (1Y) Calculated over the trailing 1-year period	11.02%	10.28%	+0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.13%	11.89%	+0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.52%	11.89%	+1.63%

GGRG.L vs. FTWG.L - Expense Ratio Comparison

GGRG.L has a 0.38% expense ratio, which is higher than FTWG.L's 0.15% expense ratio.

Dividends

GGRG.L vs. FTWG.L - Dividend Comparison

GGRG.L has not paid dividends to shareholders, while FTWG.L's dividend yield for the trailing twelve months is around 1.22%.

Position	TTM	2025	2024	2023
FTWG.L Invesco FTSE All-World UCITS ETF USD Dist	1.22%	1.34%	1.50%	0.70%
GGRG.L WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GGRG.L and FTWG.L in my portfolio?

GGRG.L and FTWG.L have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GGRG.L or FTWG.L?

On fees, FTWG.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GGRG.L or FTWG.L?

FTWG.L is cheaper with a 0.15% expense ratio, compared with 0.38% for GGRG.L.

What is the main difference between GGRG.L and FTWG.L?

GGRG.L tracks WisdomTree Global Developed Quality Dividend Growth, while FTWG.L tracks FTSE All-World Index. They also come from different issuers: WisdomTree and Invesco. Their fees differ too: 0.38% for GGRG.L and 0.15% for FTWG.L.